Europe: real returns on major asset classes annualized 2000-2019

According to the source: "The Yearbook documents investment returns for 16 European countries, most (but not all) of which are in the European Union. They comprise 10 EU states in the Eurozone (Austria, Belgium, Finland, France, Germany, Ireland, Italy, the Netherlands, Portugal, and Spain), three EU states outside the Eurozone (Denmark, Sweden and the UK), two European Free Trade Association states (Norway and Switzerland), and the Russian Federation."

The weightings are based on the 10 ICB (Industry Classification Benchmark) sectors, which cover broad groupings of industries.